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The and Albany both report today that Governor Andrew Cuomo's proposed public pension changes may include an optional defined-contribution retirement plan.  (See Update below.) Read More

Governor Andrew Cuomo is proposing a new pension "tier" that would raise retirement ages, reduce benefit levels, eliminate overtime spiking and increase employee contributions for state and local workers outside New York City, the Associated Press Read More

While Gov. Cuomo stumped the state this week in support of (among other things) his proposed cap on local property taxes, Speaker Sheldon Silver said the Assembly would soon introduce its own version of a tax-cap bill -- one with “not too many” exceptions. Read More

Nicole has an op-ed in today's New York Post exploring the fiscal and economic implications of the agenda being pushed by the union-led "May 12 Coalition," which is sponsoring a big demonstration in Manhattan today to demand big increases in state and city taxes. Read More